Month: February 2021

Elon Musk offers money to help Dogecoin become ‘currency of the internet’

Elon Musk has said he will buy out major Dogecoin holders in order to help make the fringe cryptocurrency the “currency of the internet”.

The SpaceX and Tesla CEO, who overtook Amazon founder Jeff Bezos to become the world’s richest person last month, posted several tweets criticising the so-called crypto whales who hoard large stockpiles of Dogecoin.

These large holders are the only thing standing in the way of Dogecoin from becoming a mainstream currency, according to Mr Musk, who has previously suggested that the “people’s crypto” could become the official currency on Mars.

“If major Dogecoin holders sell most

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Marriott CEO Arne Sorenson dies at 62 after battle with cancer

Arne Sorenson, the president and CEO of Marriott, the world’s largest hotel chain, died Monday, the hotel giant announced Tuesday morning. He was 62.

The company said in 2019 that Sorenson had been diagnosed with pancreatic cancer, and this month it announced he would be taking a step back from his regular schedule to “facilitate more demanding treatment.”

Sorenson was just the third CEO in Marriott’s history, taking the helm in 2012 — and the first not to have Marriott as a last name. The company was founded in 1927 by John Willard Marriott, and it is currently led by

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Netherlands’ Wopke Hoekstra sees tremendous growth potential in summer

LONDON — European countries could experience a “tremendous acceleration of growth” in the summer, as vaccinations are stepped up, Dutch Finance Minister Wopke Hoekstra told CNBC.

European economies are wrestling against one of the deepest shocks in history. The coronavirus pandemic has halted much of Europe’s economic activity and the Covid-19 vaccine rollout has been bumpy. Euro zone member states contracted by almost 7% in 2020 and strict social restrictions are still in place, clouding the prospects for 2021.

The European Commission, the EU’s executive arm, turned more negative on the economic recovery, cutting its GDP forecast for the year

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A Republican donor gave $2.5 million for a voter fraud investigation. He wants his money back.

Like many Donald Trump supporters, conservative donor Fred Eshelman awoke the day after the presidential election with the suspicion that something wasn’t right. His candidate’s apparent lead in key battleground states had evaporated overnight.

The next day, the North Carolina financier and his advisers reached out to a small conservative nonprofit group in Texas that was seeking to expose voter fraud. After a 20-minute talk with the group’s president, their first-ever conversation, Eshelman was sold.

“I’m in for 2,” he told the president of True the Vote, according to court documents and interviews with Eshelman and others.

“$200,000?” one of

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Judd Apatow on the Painful Art of Writing Personal Comedy

The ‘King of Staten Island’ director and co-writer reveals his talent discovery process (Pete Davidson, Melissa McCarthy), the habit he picked up from ‘SNL’ boss Lorne Michaels and the aftermath of Trump: “I’m definitely nervous.”

Judd Apatow — the prolific filmmaker and producer responsible for the R-rated comedy boom, the latest entry being the dramedy The King of Staten Island — could never comprehend the benefits his comedic compatriot and Saturday Night Live maestro Lorne Michaels felt from taking a stroll for an hour or more each day. That all changed with the COVID-19 pandemic.

Apatow, 53, started walking two

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Zuckerberg told staff: ‘We need to inflict pain’ on Apple: WSJ report

Reports of a long-time feud between Facebook CEO Mark Zuckerberg and Apple CEO Tim Cook have resurfaced, with The Wall Street Journal reporting on angry comments apparently made by Zuckerberg in 2018. 

Per the Journal, as a row brewed over Facebook’s data collection practices, Tim Cook gave an interview on national television. During the appearance, Cook claimed Apple would never have found itself in the same position as the social media company.

According to the Journal, people familiar with the matter said Zuckerberg’s comments in private went far beyond his public response that Cook was being “extremely glib.”

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